RobNew99's definitions
Acronym for "Pulled Out Of My Ass Financials". Often utilized when creating financial projections of early stage ventures where they have no idea what financial really look like. Also utilized by business owners with poor accounting practices when wanting to sell their businesses, having no idea of their actual financial performance.
I presented to the venture capital group yesterday and gave them nothing but POOMAF, and they bought it!
by RobNew99 November 5, 2018
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